Book Talk with Dr. Nick Lardy: The Demise of Economic Reform Under Xi Jinping

Date/Time
Date(s) - 01/23/20195:00 pm - 6:30 pm

Location
Dorsey & Whitney
701 5th Ave #6100
Seattle, WA 98104

Join the Washington State China Relations Council, the World Affairs Council and Greater Seattle Partners for a conversation with Dr. Nick Lardy of the Peterson Institute on January 23, 2019, at Dorsey & Whitney in Seattle.

China’s recent slowing economic growth is not the result of the natural maturing of an economy that has already grown so fast for so long. Instead, it may reflect the diminished pace of economic reform and the resurgence of the state in resource allocation since President Xi Jinping assumed power in 2012. If China could resume its previous market-oriented reform path, that could boost China’s projected economic growth to an average of 8 percent or more over the coming decade. However, China’s current policy mix away from such reforms is only likely to slow growth further.

Nicholas R. Lardy is the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics. He joined the Institute in March 2003 from the Brookings Institution, where he was a senior fellow from 1995 until 2003. Before Brookings, he served at the University of Washington, where he was the director of the Henry M. Jackson School of International Studies from 1991 to 1995. From 1997 through the spring of 2000, he was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management. He is an expert on the Chinese economy and author of The State Strikes Back, the first comprehensive economic analysis of China’s turn away from market-oriented reforms since President Xi Jinping assumed power in 2012.